Global oil demand to rise sharply in 2027 , led by India , non - OECD Asia : OPECGlobal oil demand to rise sharply in 2027 , led by India , non - OECD Asia : OPEC

OPEC has projected a significant increase in global oil demand for 2027. The growth is expected to be driven primarily by rising consumption in India and non-OECD Asian nations.

This forecast highlights the shifting geography of energy demand, as emerging economies in Asia become the central engines for global petroleum consumption. The data underscores the ongoing reliance on fossil fuels in these regions despite global transitions toward alternative energy sources.